Market-data outstanding minus split-adjusted insider holdings.
Data-service feed, fetched today. The number TradingView and most screeners show.
Your screener's float is right for BURU. Trade off 12.48M shares. What it does not show you is what is about to be added to it.
The float your screener shows is right, at 12.48M. 3 convertible notes and 3 reverse splits can add another 653% of the float.
Variable-rate preferred (death spiral). Series B converts at $100 ÷ the 2-day low closing bid, with no floor above the $0.10 waiver.
Pending resale registration. S-3 for 20M Series B conversion shares, about 1.6x the current float.
Rule 144 tacking. Series B was bought on 2026-07-17. Cashless conversions tack the holding period, so all conversion shares can be sold under Rule 144 from ~2027-01-17 even without registration.
From today's float to the ceiling
sharesWhere the shares come from
each subtotal is a rung on the ladder above
Not counted anywhere: ATM and shelf capacity. Convertible share counts use stated conversion prices.
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Market data as of Oct 25, 2026
Key dates
- Jan 17, 2027 · Rule 144 tacking frees Series B conversion shares; placement agent warrants become exercisable; variable-rate-transaction ban lapses, allowing the YA SEPA to r…
- Jan 31, 2027 · Tekne note matures (34,870 shares at $50, out of the money)